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Junket operators to face more challenges as Macau government proposes one hundred percent rise in capital requirements

Renee Kingsley
Latest Casino and Gambling NewsGaming Law & LegislationLicensesMacau
April 15, 2016 0
The decline of Macau’s casino industry over the last two years has made it difficult for junket operators to run...

Junket company Jimei looks to coastal Cambodia for integrated casino resort

Lars Jones
Latest Casino and Gambling NewsCasino proposalsCambodiaMergers, Acquisitions & Partnerships
March 25, 2016 0
A recent filing by Jimei International Entertainment Group Ltd. with the Hong Kong Stock Exchange indicates that the company plans to develop...

Macau junket operators not interested in setting up services in new Cotai venues

Sadonna Price
Latest Casino and Gambling NewsEconomy/FinanceMacau
March 20, 2016 0
With new casinos coming to the Cotai, it would seem that junket operators of Macau would be interested in offering...

Chinese junket operator in Manila reportedly received $30 million from hacked bank account

Lars Jones
Latest Casino and Gambling NewsHackingMoney LaunderingPhilippines
March 16, 2016 0
Details are beginning to emerge in one of the largest cyber bank heists in history with the governor of Bangladesh’s central...

Macau junkets to benefit from new app that provides up to date information

Renee Kingsley
ChinaMoney LaunderingAsian Casino NewsMacau
February 2, 2016 0
Macau’s casino industry has been in decline for the last 24 months due to the significant decline of VIP gamblers...

DICJ says number of Macau junkets down to 141

Kim M
Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau
January 30, 2016 0
Since January 2015, the number of VIP junkets in Macau has decreased to 141 from 183, according to data from...

Macau junket association and government officials finally hold meeting to discuss gaming regulations in 2016

Renee Kingsley
Gaming Law & LegislationChinaMoney LaunderingEconomy/FinanceAsian Casino NewsMacau
January 15, 2016 0
Macau’s junket operators have not been given a lot of attention by the media during 2014 and 2015, as the...

Macau’s casino regulator refuses to renew 35 junket operator licences

Alex Lanter
Latest Casino and Gambling NewsWorld Casino NewsLicensesAsian Casino NewsMacau
January 14, 2016 0
Paulo Martins Chan, Macau’s Gaming Inspection and Coordination Bureau new director, revealed that the regulatory refused to renew a total...

Macau’s Jimei casino wants junket operators to focus on VIP slot players

Renee Kingsley
Casino expansion projectsChinaAsian Casino NewsMacau
January 13, 2016 0
Many of Macau’s casinos have accepted the fact that the VIP market segment will most likely never be the same...

Saipan, other CNMI casinos can soon invite junket operators

Lars Jones
Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsSaipanLicensesNorthern Mariana IslandsSaipan
January 6, 2016 0
VIPs are already coming to Saipan in large enough numbers for the sole casino there to do over $3 billion in...

Dore junket investors continue to hold protests outside Wynn Macau casino

Renee Kingsley
Gaming Law & LegislationCasino NewsChinaMoney LaunderingAsian Casino NewsMacauFinancial Fraud
December 8, 2015 0
The once thriving casino industry in Macau has suffered its 18th consecutive month of declining revenue and one of the...

Junket association happy with tighter regulations imposed by Macau government

Renee Kingsley
Gaming Law & LegislationCasino CheatingGaming Industry NewsMoney LaunderingAsian Casino NewsMacauConspiracyCrimeFinancial Fraud
November 2, 2015 0
Macau’s junket association has been struggling to bring VIP gamblers into the casinos as the anti-corruption crackdown has severely affected...

Macau junket operator to shut down Wynn Macau VIP room

Sadonna Price
Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacauFinancial Fraud
October 27, 2015 0
Dore Entertainment Co Ltd will be shutting down a VIP room at the Wynn Macau, according to the most recent...

Macau junket operator Iao Kun sees huge decrease in chip turnover

Sadonna Price
Latest Casino and Gambling NewsEconomy/FinanceMacau
October 8, 2015 0
Based on a recent filing with the Nasdaq Stock Exchange, Iao Kun, a junket company operating in Macau, has seen...

Neptune Group contemplates shutting down Macau junket operation

Renee Kingsley
Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauMergers, Acquisitions & Partnerships
September 29, 2015 0
Neptune Group Ltd, a junket operator that once had a thriving operation in Macau has found it difficult to post...
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